Description
Trading suspension for PFCL bonds due to redemption with record date August 25, 2025.
Summary
BSE has suspended trading in bonds of Power Finance Corporation Ltd (PFCL) effective August 25, 2025, due to the company fixing a record date for bond redemption purposes.
Key Points
- Trading suspension applies to PFCL bonds with ISIN INE134E08LR7 (Code: 974168)
- Company has fixed record date of August 25, 2025 for bond redemption
- Trading members advised not to deal in the specified bonds from August 25, 2025
- Notice issued under DR-701/2025-2026
Regulatory Changes
No regulatory changes - standard procedure for bond redemption.
Compliance Requirements
- Trading members must cease dealing in PFCL bonds (INE134E08LR7) from August 25, 2025
- Members required to take note of the suspension
Important Dates
- Record Date: August 25, 2025
- No Dealings From: August 25, 2025
- Notice Date: August 18, 2025
Impact Assessment
Limited impact as this affects only specific PFCL bond series. Standard corporate action for bond redemption with temporary trading suspension to facilitate the redemption process.
Impact Justification
Routine bond redemption affecting specific debt security trading